LexisNexis Accepting Applicants for Third Cohort of Legal Tech Accelerator
Legal market start-ups receive hands-on mentoring, access to cutting-edge tools, technologies and other unique benefits designed to advance their businesses
August 7, 2018 — RALEIGH, NC – LexisNexis® today announced that it is accepting applications for the third cohort of the LexisNexis Legal Tech Accelerator. The program is designed to give start-ups a leg-up in the rapidly expanding legal tech industry. The accelerator leverages LexisNexis deep expertise in legal, technology and start-up domains, and industry-leading market position to advise and incubate program participants.
The accelerator will be co-located in the Menlo Park, CA offices of Lex Machina and at the LexisNexis Raleigh Technology Center in Raleigh, NC. The program will again be led by Lex Machina CEO, Josh Becker; Chief Evangelist, Owen Byrd; and LexisNexis Vice President of Product Management, Jeff Pfeifer; with additional support from LexisNexis Chief Technology Officer, Jeff Reihl, and Chief Product Officer, Jamie Buckley.
“After two successful cohorts, we are pleased to announce the next round of our Tech Accelerator,” said Jeff Pfeifer. “LexisNexis is a leader in legal market innovation and this accelerator supports broader innovation in legal community. Twelve companies have now completed the LexisNexis Legal Tech Accelerator program, with each continuing on a remarkable path of growth and evolution.”
“Not only do you learn how to run a legal tech company from some of the best to do it, but the executive team is extremely well connected in Silicon Valley and can make introductions to people you never thought accessible,” said Ryan Alshak, CEO of Ping, a prior participant in the LexisNexis Legal Tech Accelerator and the 2017 American Bar Association Legal Tech Start-up of the Year. “It was an absolute privilege to have participated in the accelerator's inaugural batch and we are still reaping the rewards many times over.”
As part of the three-month program, accelerator participants will engage in a rigorous curriculum designed for early-stage companies in the legal market:
- Tools: Access to cutting-edge tools and technologies from LexisNexis and Lex Machina
- Mentorship: Weekly hands-on sessions with LexisNexis executives on growing legal tech companies, and ad hoc discussions with other LexisNexis executives about technology, user experience & design, product development, product marketing and other topics
- Education: One-hour strategy sessions on a variety of topics, including marketing and selling to legal departments; running an agile product development organization; leveraging legal data; best practices in customer service, employee management, marketing and funding
- Connections: Leverage relationships with Stanford and other Bay-Area schools, businesses, VCs and other influencers
- Workspace: Space for up to four people inside the exciting Lex Machina offices in Menlo Park, CA or in the LexisNexis Raleigh Technology Center on the North Carolina State University Centennial Campus
Legal Tech Accelerator participants will also have access to cutting-edge tools and technologies from LexisNexis, and will be able to leverage the company’s established relationships with Stanford University, North Carolina State University, Silicon Valley businesses, VCs and influencers to grow their organizations.
“Lex Machina has deep roots in Silicon Valley and LexisNexis is embedded in North Carolina’s Research Triangle with offices on Centennial Campus at North Carolina State University,” noted Josh Becker, CEO of Lex Machina. “Being actively involved in Stanford University’s CODEX program, and having started as a special interest project at Stanford before spinning off as a start-up, we know first-hand the struggles that legal tech start-ups go through. The goal of our program is to directly address the unique market challenges of launching a company in the legal market.”
For more information, or to apply to the tech accelerator program, interested parties should email firstname.lastname@example.org.
About LexisNexis® Legal & Professional
LexisNexis Legal & Professional is a leading global provider of legal, regulatory and business information and analytics that help customers increase productivity, improve decision-making and outcomes, and advance the rule of law around the world.
As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. LexisNexis Legal & Professional, which serves customers in more than 130 countries with 10,000 employees worldwide, is part of RELX Group, a global provider of information and analytics for professional and business customers across industries.
About Lex Machina
Lex Machina’s award-winning Legal Analytics® platform is a new category of legal technology that fundamentally changes how companies and law firms compete in the business and practice of law. Delivered as Software-as a-Service, Lex Machina provides strategic insights on judges, lawyers, parties, and more, mined from millions of pages of legal information.
Based in Silicon Valley, Lex Machina is part of LexisNexis, a leading information provider and a pioneer in delivering trusted legal content and insights through innovative research and productivity solutions, supporting the needs of legal professionals at every step of their workflow. By harnessing the power of Big Data, LexisNexis provides legal professionals with essential information and insights derived from an unmatched collection of legal and news content—fueling productivity, confidence, and better outcomes.